Business

Property

Saint Clouds, 61 Kensington Road, South Yarra.

Matthies to sell flamboyant South Yarra mansion as development site

After spending five years, and a reported $25 million, amalgamating eight South Yarra sites, aged care developer John Matthies has decided to sell - his unique and enormous offering including the flamboyant mansion trashed at the end of 1993 movie, Romper Stomper.

The NSW Government has been talking change for five years, but finally, after a few false starts, reform is happening.

Amalgamation: the buzzword of 2016

It's hard to believe that in less than four days, the largest ever reform to NSW strata laws will come into effect. The NSW Government has been talking change for five years, but finally, after a few false starts, reform is happening.

Citibank has occupied 350 Collins Street for many years.

Banks play CBD musical chairs

A swag of city-based bank branches are in the middle of a grand game of musical chairs as leasing deals struck up to ten years ago expire.

CostaFox, a joint venture between Michael Fox and Costa Asset Management, has bought a West Footscray factory.

Major mixed use project for Coburg

Owners of a local plumbing supply business have banked more than $13 million selling a Coburg retail asset after obtaining a permit to replace it with a six-level complex with shops, offices and 129 dwellings.

The Glasshouse, an elegant and well-mannered building by Croxon Ramsay Architects.

Swimming pool challenge of Olympic proportions

The former Olympic Swimming Pool designed by Kevin Borland, Peter McIntyre and John and Phyllis Murphy, has been a cornerstone building since it was designed for the 1956 Summer Olympics in Melbourne.

Australian Unit has paid nearly $13 million for the industrial property at 1651-1657 Centre Road, Springvale

Industrial deals east and west

Fund manager Australian Unity has splashed out nearly $13 million on an industrial property leased to Mainfreight in Springvale.

Foot Locker will move from Swanston Street to double its floor space in a 10-year lease over a two- level tenancy at 327 ...

House of Hoops hits the mall

Global sneaker retailer Foot Locker will open a House of Hoops when it opens its new shop on the Bourke Street Mall mid-2017.

Massmart, from South Africa, could be one of the new retail entrants to Australia.

New retailers set sights on Australia

A swath of new retailers are eyeing off the viability of entering Australia, depending on being able to secure flagship sites in capital cities or in the expanding suburban malls, according to new research from Colliers International.

Small Business